Applovin Corp (OQ:APP)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 1100 Page Mill Rd
PALO ALTO CA 94304-1047
Tel: N/A
Website: https://www.applovin.com
IR: See website
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Key People
Adam Foroughi
Chairman of the Board, Chief Executive Officer, Co-Founder
Matt Stumpf
Chief Financial Officer
Vasily Shikin
Chief Technology Officer
Dmitriy Dorosh
Principal Accounting Officer
Katie Kihorany Jansen
Chief Marketing Officer
Victoria Valenzuela
Chief Legal Officer, Corporate Secretary
Business Overview
AppLovin Corporation provides application technology platform, AppLovin. The Company operates through two segments: Software Platform, and Apps. Its Software Platform is primarily made up of four key solutions, such as AppDiscovery, MAX, Adjust, and Wurl. AppDiscovery is powered by AXON, its AI-powered advertising engine, and matches advertiser demand with publisher supply through auctions at vast scale and at microsecond-level speeds. MAX is a monetization solution, utilizing an advanced in-app bidding technology that optimizes the value of a publishers advertising inventory by running a real-time competitive auction. Adjust is a measurement and analytics marketing platform which provides marketers with the visibility, insights, and data needed to scale their apps marketing results. Wurl is connected TV (CTV) platform that both distributes streaming video for content companies and provides advanced advertising and publishing solutions to attract viewers and maximize revenue.
Financial Overview
For the three months ended 31 March 2024, Applovin Corp revenues increased 48% to $1.06B. Net income applicable to common stockholders totaled $234.7M vs. loss of $4.5M. Revenues reflect Software Platform segment increase of 91% to $678.4M, Apps segment increase of 5% to $379.7M, United States segment increase of 44% to $634.6M, Rest of the World segment increase of 53% to $423.5M.
Employees: 1,717 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $31,506M as of Mar 31, 2024
Annual revenue (TTM): $3,626M as of Mar 31, 2024
EBITDA (TTM): $1,404M as of Mar 31, 2024
Net annual income (TTM): $594.17M as of Mar 31, 2024
Free cash flow (TTM): $1,164M as of Mar 31, 2024
Net Debt Last Fiscal Year: $3,089M as of Mar 31, 2024
Shares outstanding: 329,013,668 as of May 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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